Tag Archives: commission lawsuits

The commission suit tsunami is upon us: The Download

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Catch up with the “mother of all lawsuits” and all of the other so-called copycats that have followed in the wake of Sitzer | Burnett. Continue reading →

Commission lawsuits are piling up. Keep track of them all right here

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In the wake of the Sitzer | Burnett verdict, the number of bombshell lawsuits has rapidly multiplied — putting more pressure than ever on real estate’s status quo. Here’s a rundown of all the cases. Continue reading →

South Carolina homesellers latest in line to sue NAR, Keller Williams

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A new commission lawsuit filed Monday seeking class-action status alleges sellers encountered “illogical, harmful, irrational and anticompetitive effects” of NAR’s cooperative compensation rule. Continue reading →

New commission lawsuit targets REBNY and 26 companies in NYC

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Homeseller Monty March filed suit in the Southern District of New York Wednesday, alleging REBNY rules in Manhattan kept commissions high and violated state and federal antitrust laws. Continue reading →

‘A new age’: Brad Inman, panelists unpack the Sitzer | Burnett verdict

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During a live session Wednesday at virtual Connect, Brad Inman moderated a panel with Russ Cofano and Kendall Bonner on what lies ahead for agents as the commission model is upended. Continue reading →

Agents steer buyers to homes with better commissions, study claims

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The study by a trio of researchers analyzed hundreds of thousands of listings and found that those offering lower commissions to buyers’ agents received less attention and took longer to sell. Continue reading →

‘Modest’ commission proposals are insufficient, says watchdog

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Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive landscape around agent commissions. Continue reading →

Anywhere unveils the details of its bombshell commission settlement

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Among the proposed changes, Anywhere said its company-owned brokerages, franchisees and affiliated agents will no longer be required to belong to the National Association of Realtors. Continue reading →

Stop the bombshell lawsuit panic. Ask your broker about commission

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You don’t have to figure out everything on your own when it comes to buyer commissions and the bombshell lawsuits, writes broker Teresa Boardman. It’s the job of the broker to help individual agents understand and negotiate the terms of their compensat… Continue reading →

What agents need to talk about when they talk about commissions

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Now that Anywhere has announced a deal on the bombshell commission lawsuits, it’s time to take a look at the way you communicate with buyer clients moving forward. Trainer and author Bernice Ross offers a step by step guide to make sure you’ve got your… Continue reading →